Jadwa Investment Launches $200M GCC Private Credit Fund, Backs Fintech Growth

Editorial Team

Last updated 14-01-2026

3 min

Jadwa launched a GCC private credit fund targeting SAR 750 million, as credit goes mainstream.

The fund’s first close hit SAR 300 million and backed fintechs Lendo and JeelPay.

More deals are expected in early 2026, aimed at institutional and private wealth investors.

Management cites “attractive private credit opportunities” amid Saudi and wider GCC economic momentum.

Fintech intermediaries signal a bet on the “pipes” moving flexible credit across the ecosystem.

Jadwa Investment has taken another step deeper into private credit, unveiling a new GCC‑focused fund that targets up to SAR 750 million, or roughly $200 million. For anyone who’s been knocking around the startup and investment scene in the region for a while, this move feels very on‑trend… private credit is no longer a niche conversation whispered in boardrooms.

The Jadwa GCC Diversified Private Credit Fund has already wrapped up its first close with more than SAR 300 million ($80 million). That capital didn’t sit idle either. It has been deployed into two deals, both tied to regional fintech players Lendo and JeelPay. I’ve lost count of how many founders around the Arageek community still talk about access to flexible credit as a real pain point, so seeing fintechs plugged into this kind of capital is, well… spot on.

More transactions are expected to come through in the first half of 2026, signalling that this fund isn’t a one‑off splash but part of a longer play. The fund is pitched at institutional investors and private wealth clients looking for exposure to the GCC’s growing private credit market, which has been picking up pace alongside Saudi Arabia’s wider economic push.

Tariq Al Sudairy, Managing Director and CEO of Jadwa Investment, said the launch highlights the firm’s ability to originate and execute what he described as “attractive private credit opportunities”, pointing to strong economic momentum across Saudi Arabia and the broader GCC, as well as rising demand for credit.

From the private credit side, Fidaa Haddad, Managing Director and Head of Private Credit at Jadwa Investment, noted that the platform is built to support high‑quality companies across multiple transactions, giving investors access to a fast‑growing market both in Saudi Arabia and across the region. He also said the team was “excited” about the fund’s first investments and focused on delivering consistent results.

That said, private credit isn’t everyone’s cup of tea. I reckon some founders still see it as a bit of a faff compared to equity. On the flip side, for businesses that want to grow without heavy dilution, options like this can be a lifeline—especially in a market where bank lending can be slow or overly cautious.

The launch underlines Jadwa’s broader aim of offering more advanced investment solutions, leaning on its regional footprint and private capital experience. And believe it or not, for many entrepreneurs across the GCC, this kind of capital quietly shapes whether a company scales, stalls, or simply runs out of steam before it ever gets its shot. One small detail worth noting: backing fintech intermediaries like Lendo and JeelPay suggests a bet not just on borrowers, but on the pipes that move capital around the ecosystem, which is clever, and definately one to watch.

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